ART'S-WAY MANUFACTURING CO (ARTW) Stock Fundamental Analysis
NASDAQ:ARTW - Nasdaq - US0431681032 - Common Stock - Currency: USD
We assign a fundamental rating of 4 out of 10 to ARTW. ARTW was compared to 128 industry peers in the Machinery industry. ARTW has only an average score on both its financial health and profitability. ARTW has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year ARTW was profitable.
In the past year ARTW had a positive cash flow from operations.
Of the past 5 years ARTW 4 years were profitable.
In multiple years ARTW reported negative operating cash flow during the last 5 years.
1.2 Ratios
ARTW has a better Return On Assets (10.69%) than 82.81% of its industry peers.
With a decent Return On Equity value of 16.38%, ARTW is doing good in the industry, outperforming 73.44% of the companies in the same industry.
Looking at the Return On Invested Capital, with a value of 4.87%, ARTW is in line with its industry, outperforming 40.63% of the companies in the same industry.
ARTW had an Average Return On Invested Capital over the past 3 years of 2.91%. This is significantly below the industry average of 10.71%.
The last Return On Invested Capital (4.87%) for ARTW is above the 3 year average (2.91%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.69% | ||
| ROE | 16.38% | ||
| ROIC | 4.87% |
ROA(3y)0.99%
ROA(5y)-1.44%
ROE(3y)1.91%
ROE(5y)-2.69%
ROIC(3y)2.91%
ROIC(5y)N/A
1.3 Margins
With a decent Profit Margin value of 9.49%, ARTW is doing good in the industry, outperforming 67.97% of the companies in the same industry.
In the last couple of years the Profit Margin of ARTW has grown nicely.
ARTW's Operating Margin of 5.04% is on the low side compared to the rest of the industry. ARTW is outperformed by 60.94% of its industry peers.
ARTW's Operating Margin has declined in the last couple of years.
ARTW has a Gross Margin (31.82%) which is comparable to the rest of the industry.
ARTW's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 5.04% | ||
| PM (TTM) | 9.49% | ||
| GM | 31.82% |
OM growth 3Y-3.34%
OM growth 5YN/A
PM growth 3Y14.27%
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y11.69%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), ARTW is destroying value.
The number of shares outstanding for ARTW has been increased compared to 1 year ago.
ARTW has more shares outstanding than it did 5 years ago.
Compared to 1 year ago, ARTW has an improved debt to assets ratio.
2.2 Solvency
ARTW has an Altman-Z score of 3.94. This indicates that ARTW is financially healthy and has little risk of bankruptcy at the moment.
ARTW has a Altman-Z score of 3.94. This is in the better half of the industry: ARTW outperforms 64.84% of its industry peers.
ARTW has a debt to FCF ratio of 1.65. This is a very positive value and a sign of high solvency as it would only need 1.65 years to pay back of all of its debts.
ARTW's Debt to FCF ratio of 1.65 is fine compared to the rest of the industry. ARTW outperforms 78.91% of its industry peers.
A Debt/Equity ratio of 0.25 indicates that ARTW is not too dependend on debt financing.
ARTW's Debt to Equity ratio of 0.25 is fine compared to the rest of the industry. ARTW outperforms 66.41% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.65 | ||
| Altman-Z | 3.94 |
ROIC/WACC0.5
WACC9.8%
2.3 Liquidity
A Current Ratio of 2.72 indicates that ARTW has no problem at all paying its short term obligations.
ARTW's Current ratio of 2.72 is fine compared to the rest of the industry. ARTW outperforms 69.53% of its industry peers.
ARTW has a Quick Ratio of 2.72. This is a bad value and indicates that ARTW is not financially healthy enough and could expect problems in meeting its short term obligations.
ARTW has a worse Quick ratio (0.45) than 92.19% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
ARTW shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 284.07%, which is quite impressive.
Measured over the past 5 years, ARTW shows a small growth in Earnings Per Share. The EPS has been growing by 6.27% on average per year.
Looking at the last year, ARTW shows a very negative growth in Revenue. The Revenue has decreased by -29.04% in the last year.
Measured over the past years, ARTW shows a small growth in Revenue. The Revenue has been growing by 1.37% on average per year.
EPS 1Y (TTM)284.07%
EPS 3Y6.27%
EPS 5YN/A
EPS Q2Q%443.45%
Revenue 1Y (TTM)-29.04%
Revenue growth 3Y-0.63%
Revenue growth 5Y1.37%
Sales Q2Q%-49.12%
3.2 Future
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
No EPS estimates are available, so we could not analyze the future EPS growth and evolution.
No Revenue estimates are available, so we could not analyze the future revenue growth and evolution.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 8.95, the valuation of ARTW can be described as reasonable.
Based on the Price/Earnings ratio, ARTW is valued cheaper than 93.75% of the companies in the same industry.
ARTW is valuated cheaply when we compare the Price/Earnings ratio to 26.48, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, ARTW is valued a bit cheaper than 75.00% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, ARTW is valued cheaply inside the industry as 96.88% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 8.73 | ||
| EV/EBITDA | 10.68 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2YN/A
EPS Next 3YN/A
5. Dividend
5.1 Amount
ARTW does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
3.94
+0.26 (+7.07%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupCapital Goods
GICS IndustryMachinery
Earnings (Last)
Earnings (Next)
Inst Owners3.24%
Inst Owner Change0%
Ins Owners10.94%
Ins Owner Change3%
Market Cap20.13M
Analysts100
Price TargetN/A
Short Float %0.6%
Short Ratio0.37
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.95 | ||
| Fwd PE | N/A | ||
| P/S | 0.86 | ||
| P/FCF | 8.73 | ||
| P/OCF | 7.37 | ||
| P/B | 1.48 | ||
| P/tB | 1.48 | ||
| EV/EBITDA | 10.68 |
EPS(TTM)0.44
EY11.17%
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)0.45
FCFY11.45%
OCF(TTM)0.53
OCFY13.57%
SpS4.6
BVpS2.67
TBVpS2.67
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 10.69% | ||
| ROE | 16.38% | ||
| ROCE | 7.41% | ||
| ROIC | 4.87% | ||
| ROICexc | 4.87% | ||
| ROICexgc | 4.87% | ||
| OM | 5.04% | ||
| PM (TTM) | 9.49% | ||
| GM | 31.82% | ||
| FCFM | 9.8% |
ROA(3y)0.99%
ROA(5y)-1.44%
ROE(3y)1.91%
ROE(5y)-2.69%
ROIC(3y)2.91%
ROIC(5y)N/A
ROICexc(3y)2.91%
ROICexc(5y)N/A
ROICexgc(3y)2.91%
ROICexgc(5y)N/A
ROCE(3y)5.2%
ROCE(5y)N/A
ROICexcg growth 3Y-2.63%
ROICexcg growth 5YN/A
ROICexc growth 3Y-2.63%
ROICexc growth 5YN/A
OM growth 3Y-3.34%
OM growth 5YN/A
PM growth 3Y14.27%
PM growth 5YN/A
GM growth 3Y4.12%
GM growth 5Y11.69%
F-Score8
Asset Turnover1.13
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.25 | ||
| Debt/FCF | 1.65 | ||
| Debt/EBITDA | 1.7 | ||
| Cap/Depr | 51.18% | ||
| Cap/Sales | 1.81% | ||
| Interest Coverage | 2.72 | ||
| Cash Conversion | 135.44% | ||
| Profit Quality | 103.31% | ||
| Current Ratio | 2.72 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 3.94 |
F-Score8
WACC9.8%
ROIC/WACC0.5
Cap/Depr(3y)134.71%
Cap/Depr(5y)117.99%
Cap/Sales(3y)3.97%
Cap/Sales(5y)3.49%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)284.07%
EPS 3Y6.27%
EPS 5YN/A
EPS Q2Q%443.45%
EPS Next YN/A
EPS Next 2YN/A
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-29.04%
Revenue growth 3Y-0.63%
Revenue growth 5Y1.37%
Sales Q2Q%-49.12%
Revenue Next YearN/A
Revenue Next 2YN/A
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y3505.75%
EBIT growth 3Y-3.96%
EBIT growth 5YN/A
EBIT Next YearN/A
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y281.56%
FCF growth 3YN/A
FCF growth 5Y39.5%
OCF growth 1Y347.79%
OCF growth 3YN/A
OCF growth 5Y26.53%